Kate VolsSmartNode holders, the moment you’ve been waiting for is almost here! Your rewards are ready, and we’re thrilled to share all the exciting details with you about your SmartNode DropBoxes, Earn Phones and staking rewards.
So let’s dive into everything you need to know about receiving, using, and maximizing your SmartNode rewards.
$EARNM Airdrop: What Are SmartNode DropBoxes (SDBs)?
SDBs are exclusive reward NFTs designed for SmartNode holders. Each SmartNode grants its holder 11 SBDs containing 1,000 $EARNM each. Here’s what makes them unique:
- Immediate Rewards: While 80% of the $EARNM inside SBDs vests gradually over 2 years, you can access 20% of your $EARNM at TGE — However, if you decide to cash out before the 2 year vest period, the remaining tokens will then be distributed back to all the SmartNode holders through the Variable Rewards mechanics.
- Tradable: Additionally, if you don’t want to cash out your $EARNM tokens, you can always trade your SBDs on OpenSea.
With a fixed supply of SmartNodes, SDBs will only grow rarer over time, adding even more value to what you already own.
When and How Will You Get Your SDBs?
Here’s the timeline for your SmartNode rewards:
📅 Important Dates
Before TGE:
- A Snapshot of SmartNode holders will be taken at December 18th at 2 PM UTC, SBDs distribution will follow right after the snapshot is taken.
At TGE:
- TGE will happen on December 19th at 2PM UTC, SBDs will become claimable on the EARN’M dApp, this will allow holders to withdraw their unlocked $EARNM tokens.
- After TGE, BDs will also become tradable on NFT platforms like OpenSea
If you’re buying a new SmartNode from one of our SmartNode partner or marketing page your will still receive your SBDs — even after the snapshot was taken.
How Will It Work?
- Snapshot: We’ll take a snapshot of wallets holding SmartNodes at the specified time.
- Automatic Delivery: SDBs will be sent directly to the wallet where your SmartNode was purchased—no action needed on your part.
How to Check Your SDBs?
Once the SDBs have been distributed, follow these simple steps to confirm you’ve received them:
- Open your wallet and check the NFT section.
- Use tools like Arbiscan to verify the transfer by entering your wallet address and looking at the “NFT Transfer” tab
If you don’t see your SDBs immediately, don’t worry—they’re on their way!
What Can You Do With Your $EARNM?
Once you receive your SmartNode DropBoxes, you have a few exciting options:
1. Hold and Earn (Airdrop)
- Your SDBs are powered by our Fractal Box protocol, meaning rewards unlock gradually.
- If you hold your SDBs, you’ll see consistent growth in value as your $EARNM vests over 2 years. On TGE you will have access to 20% of the total airdrop rewards
Important Note: If you withdraw the $EARNM from your SDBs before the full vesting period of 2 years is over, you lose access to any unvested rewards, so think carefully before making your move!
This will not impact your future variable rewards from Mystery Box burns as long as you don’t sell your SmartNodes themselves.
2. Trade
- Don’t want to wait? SDBs are NFTs, so you can sell them on platforms like OpenSea.
- This allows you to trade your long term rewards without affecting the $EARNM market price.
3. Withdraw Your $EARNM
- Starting December 19th, you can withdraw your vested $EARNM and:
- Trade them on any of our supported partner exchanges. However, if you withdraw your $EARNM from SDBs that are not fully vested, you will forfeit to access its full value.
- Earn up to 250% APY by staking it here.
Additional Rewards: Earn Phones & Flexible Rewards
Get an EarnPhone – A Special Thank You
If you purchased 3 or more SmartNodes on one of our official sales pages (so not on an NFT marketplace), you’re eligible for a reward that keeps giving: an Earn Phone!
Here’s how to claim yours:
- Look out for an email with instructions and a code
- The code will enable you to get the Earn Phone without having to pay its normal retail price. The only thing left for you to contribute: the shipping fee.
For people outside of the US and neighboring countries the shipping fees can be quite substantial and there might also be additional charges or questions at customs. Please understand that we do not have influence on those aspects and you are free to decide not to order the phone.
Passive variable Rewards Are Coming Soon
In Q1 2025, we’ll roll out SmartNode staking for SmartNode holders on a special SmartNode dashboard that we will provide access to and announce in due time on our social media channels. Once you have your SmartNode staked, you’ll be eligible for a certain percentage of the $EARNM that gets released when Mystery Boxes get burnt before fully vested.
Until this launch, variable rewards will accumulate within a shared pool and be distributed once the staking portal is launched.
Every month that you keep your SmartNode staked, you’ll be able to claim these passive rewards.
Stay tuned for updates on this exciting new journey of the EARN’M Loyalty Network to maximize your earnings!
Big Rewards Are Just Beginning
December 18th marks the start of an exciting journey for SmartNode holders. With SDBs delivering both instant perks and long-term rewards, you’re set to be a key part of the EARN’M ecosystem.
Thank you for being a valued SmartNode holder. Your rewards are just the beginning—there’s so much more to come!
And if you still want to snatch up some more SmartNodes, get them here.
Stay tuned and happy earning! 🚀